AADR PROPERTIES LTD
💤Zombieactive
10841879 · ltd · incorporated 2017-06-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£345.9k
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Reasonable fundamentals — worth a memo before deciding.
Opportunity 67/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
19 live charges · 3 lenders · oldest 8.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
19 charges (19/19 with lender, 19/19 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £345,942
Cash YoY
+2%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£820
↑ 2.2% YoY
Net Worth
£346k
↑ 8.7% YoY
Current Assets
£2k
↑ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £860.9k | £833.5k |
| Current assets | £2.1k | £1.7k |
| Cash | £820 | £802 |
| Debtors | £1.3k | £943 |
| Net assets | £345.9k | £318.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
- 2026-06-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-06-05🔒Charge registered #19Lender: The Mortgage Works (UK) PLC
- 2026-03-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-23🔒Charge registered #18Lender: Godiva Mortgages Limited
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-09🔓Charge satisfied #13
- 2025-07-09🔓Charge satisfied #12
- 2025-07-09🔓Charge satisfied #11
- 2025-07-09🔓Charge satisfied #10
- 2025-07-09🔓Charge satisfied #9
- 2025-07-09🔓Charge satisfied #8
- 2025-07-09🔓Charge satisfied #7
- 2025-07-09🔓Charge satisfied #6
- 2025-07-09🔓Charge satisfied #5
- 2025-07-09🔓Charge satisfied #4
- 2025-07-09🔓Charge satisfied #3
- 2025-07-09🔓Charge satisfied #2
- 2025-07-09🔓Charge satisfied #1
- 2025-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-21🔒Charge registered #16Lender: The Mortgage Works (UK) PLC
- 2023-12-19🔒Charge registered #17Lender: The Mortgage Works (UK) PLC
- 2023-12-15🔒Charge registered #15Lender: The Mortgage Works (UK) PLC
- 2023-12-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-13🔒Charge registered #14Lender: The Mortgage Works (UK) PLC
- 2022-09-27➖TUNNICLIFFE, Laura resigneddirector
- 2019-07-01➕TUNNICLIFFE, Laura appointeddirector
- 2019-04-05🔒Charge registered #13Lender: Charter Court Financial Services Limited
- 2019-02-15🔒Charge registered #12Lender: Charter Court Financial Services Limited
- 2019-01-18🔒Charge registered #11Lender: Charter Court Financial Services Limited
- 2019-01-18🔒Charge registered #10Lender: Charter Court Financial Services Limited
- 2018-12-19🔒Charge registered #9Lender: Charter Court Financial Services Limited
- 2018-12-18🔒Charge registered #8Lender: Charter Court Financial Services Limited
- 2018-12-17🔒Charge registered #7Lender: Charter Court Financial Services Limited
Showing most recent 50 of 58 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adam Arthur Redpath Individual · British · DOB 09/1971 · age 55 | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest | 29/06/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 81-83 CROFTDOWN ROAD FREEHOLD LTD→ 12448864 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ABNA ENTERPRISE LTD→ 14786637 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ACA ESTATES LTD→ 11972918 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ACC PROPERTY 2017 LIMITED→ 11044418 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACCRU INVESTMENT LTD→ 13512778 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACG PROJECTS LTD→ 15322059 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACJ FAMILY INVESTMENT COMPANY LIMITED→ 16868266 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACORN PROPERTY SOLUTIONS LIMITED→ 09982890 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AD07 PROPERTIES LTD→ 11874921 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AD7 DEVELOPMENTS LIMITED→ 11748033 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADAMCLEM PROPERTY LIMITED→ 15645283 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAMS PROPERTY AND INVESTMENTS LTD→ 16035591 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2017-06-29
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
116 Station Road
Rolleston-On-Dove
Burton-On-Trent
DE13 9AB
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-07-12
Last: 2026-06-28
Officers (1 active · 1 resigned)
REDPATH, Adam Arthur→
Activedirector · ~55y · appointed 2017-06-29
View their other companies + combined net worth →
TUNNICLIFFE, Laura→
Resigneddirector · ~51y · appointed 2019-07-01 · resigned 2022-09-27
Click a director name to see their full track record across all companies.
Mortgages & charges
19
Total charges
6
Outstanding
2
Active lenders
Status:Lender:19 of 19 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 05/06/2026 | — | |
| outstanding | Godiva Mortgages Godiva Mortgages Limited | A registered charge | 1 property | 23/07/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 21/12/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 19/12/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 15/12/2023 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 13/12/2023 | — | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 05/04/2019 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 15/02/2019 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 18/01/2019 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 18/01/2019 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 19/12/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 18/12/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 17/12/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 14/12/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 11/12/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 06/12/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 06/12/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 23/03/2018 | 09/07/2025 | |
| satisfied | Precise Mortgages Charter Court Financial Services Limited | A registered charge | 1 property | 08/09/2017 | 09/07/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (55 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-06-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-09